INSIDE INDIANA BUSINESS: Study Highlights Wabash County Strengths

2013-08-01T13:53:00Z 2013-08-01T18:52:09Z INSIDE INDIANA BUSINESS: Study Highlights Wabash County StrengthsGerry Dick Inside Indiana Business nwitimes.com
August 01, 2013 1:53 pm  • 

A new study suggests Wabash County leaders should leverage the area's manufacturing assets to bring more business to the region. Economic Development Group of Wabash County Executive Director Bill Konyha says the Manchester University research will be one of the tools used to form the group's strategic plans. The study highlights the county's skilled manufacturing work force and low startup costs. Read More He says the data can be used to bolster recruiting and retention efforts.

 

Bennett Steps Down, Calls For Investigation

Indiana's former superintendent of public instruction has stepped down as Florida's education commissioner. Tony Bennett is denying accusations of improperly raising the grade of a charter school run by a Republican donor. He says he will request an investigation by the state of Indiana with hopes of putting "this issue to rest." Read More Bennett says he is "fearless" about what an investigation would uncover.

 

Courier Corp. Adding More Workers in Kendallville

Massachusetts-based Courier Corp. plans to invest $12 million to expand its digital operations in Kendallville. The company says the addition would double capacity and create up to 50 jobs. Courier currently employs 600 in Noble County.

 

Sun King Strikes Lucas Oil Deal

Indianapolis-based Sun King Brewing Co. has announced a new partnership with Lucas Oil Stadium. The company says draft beer and cans will be available during stadium events. Sun King says its beer is now available in every major sports venue in the city.

 

Holiday World Earns Top Honor

A national publication has named Holiday World & Splashin' Safari the best water park in the nation. The Santa Claus attraction has taken the top honor in a USA Today online poll of the 10 Best Water Parks.

 

State Names I-69 Finalists

The Indiana Department of Transportation has announced the final four teams vying to develop and finance the remaining portion of the I-69 expansion. Officials expect to issue the last Request for Proposals in the fall for the stretch between Bloomington and Martinsville.

 

Canadian Company Purchases Fundex Building

A Canadian real estate group has purchased the former Plainfield headquarters of Fundex Games Ltd. Dalfen America Corp., based in Montreal, bought the property at auction for more than $3.6 million.

 

State to Mark Site of Former Corn Flake Maker

A historical marker will be dedicated Sunday, commemorating the location of a once-prominent Columbus company. Cerealine Manufacturing Co. began producing corn flakes and brewers' products in the 1880s.

 

Manufacturing Event to Focus on Work Force

The Starke County Economic Development Foundation will host an event in October designed to inform the area's work force about local manufacturers' job opportunities and education requirements. Manufacturing Day will also include an awards ceremony honoring economic development leaders.

 

Simon Opens Toronto Outlet Center

Indianapolis-based Simon Property Group Inc. has opened its first Premium Outlet Centre in Canada. The company says the development includes 90 outlet stores.

 

hhgregg Posts Smaller Loss

Indianapolis-based hhgregg Inc. is reporting a fiscal first quarter loss of $1.3 million, compared to a loss of $5.7 million for the same period a year earlier. Chief Executive Officer Dennis May says a slight increase in same store sales helped narrow the quarterly loss.

 

Duke Realty Reports FFO Increase, Profit

Indianapolis-based Duke Realty Corp. is reporting second quarter 2013 core funds from operations of $89.1 million, compared to $70.4 million for the same period in 2012. The company is also reporting net income of $61.5 million for the quarter, compared to a loss of $28.5 million the previous year.

 

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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